As the United States went to the polls Tuesday in a keenly contested election to choose between the current President, Donald Trump, and the Democratic Challenger, Joe Biden, the nation’s currency, the dollar depreciated against the six major global currencies while the equities market and the crude oil prices surged driven by sentiments in favour of victory by the Democratic challenger. According to the Financial Times, the dollar index, which measures the performance of the US currency against six major global currencies, fell almost 0.7 per cent, its biggest…
Read MoreUS Election: Dollar falls, Oil Prices surge over sentiments, tension
